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SPACs · Sep 1, 2026

SPAC Market Update September 1, 2026: Three Lions (TLACU) SPAC $100M IPO

Breeze Acquisition Corp Ii (BREZ) filed a non-reliance 8-K on previously issued financials on September 1, 2026, and Three Lions Acquisition Corp. (TLAC) priced a $100M IPO the same day. TLAC targets sports, hospitality, leisure and real estate, with 100.5%…

SPAC IPO Update — September 1, 2026

1 SPAC IPO priced on September 1, 2026, raising $100M; September MTD now stands at 1 IPO totaling $100M over 1 session.

SPAC IPO Count

Monthly IPOs (last 13 months)
Latest: 1•Prior: 12•MoM: -11
14
Sep ’25
14
Oct ’25
10
Nov ’25
22
Dec ’25
24
Jan ’26
27Peak
Feb ’26
11
Mar ’26
16
Apr ’26
20
May ’26
19
Jun ’26
18
Jul ’26
12
Aug ’26
1
Sep ’26
Source: Boardroom Alpha
IPO Activity Snapshot1 SPAC IPO today raising $100M · TLAC ($100M)
Month-to-date: 1 IPOs ($100M) · 12-mo avg: 17/mo
Size
$100M
Ticker
TLAC / TLACU
Sponsor
Three Lions Sponsor, LLC

Three Lions Acquisition Corp. priced its $100M IPO on August 31, 2026, and trades on Nasdaq under TLACU. The SPAC targets businesses in the sports, hospitality, leisure, and real estate sectors.

Leadership
Berke BakayDirector
Co-founder and co-managing director of Three Lions Capital Management LLC; previously served as President and CEO of Kona Grill, Inc.
Brett JohnsonCEO
Co-founder and co-managing director of Three Lions Capital Management LLC; founder and CEO of Benevolent Capital.
Harry BrandlerCFO, Director
Managed Brandler LLC since 2019; former CFO and Partner at Greenlight Capital, Inc.
Jeffrey A DunhamDirector
Founder, Chairman and CEO of Dunham & Associates Investment Counsel, Inc. and Dunham Trust Company.

Structure: 10M units at $10.00 each. Each unit comprises one ordinary share and one-half of one warrant. EarlyBirdCapital, Inc. is the sole book-running manager.

New SPAC IPOs
Date Ticker Issuer IPO Size Trust Funding
Sep 01 TLAC Three Lions Acquisition Corp. $100M 100.5%
Aug 28 IPHX Inflection Point Acquisition Corp. VIII $250M 100.0%
Aug 27 RNAQ Rainier Acquisition Corp $75M 100.0%
Aug 26 JTTT JATT III ACQUISITION CORP $60M 100.0%
Aug 26 SCAT SOUTHERN CROSS ACQUISITION II CORP $75M  $2M overallotment 100.0%
Source: Boardroom Alpha

Daily SPAC Update — September 1, 2026

EXTENSION VOTES
ALCHEMY INVESTMENTS ACQUISITION CORP 1 (ALCYF)vote September 1, 2026 -> extend from September 9, 2026 to September 9, 2027

SEPARATE WARRANTS/RIGHTS
September 2: NORTHSTRIVE ACQUISITION CORP I (NSAI)
August 31: SAMOS ENERGY ACQUISITION CORP (SAMO)

OTHER SPAC NEWS
OCEAN CAPITAL ACQUISITION CORP (OCAC) * Auditor Change

SPAC NON-RELIANCE 8-K
Breeze Acquisition Corp II (BREZ) : Non-Reliance on Previously Issued Financials

SPAC LISTING RULE NOTICES
FLAG SHIP ACQUISITION CORP (FSHP) * Listing Rule NoticeNasdaq approves Flag Ship Acquisition’s transfer to the Capital Market; trading begins Sept 2 under FSHP, FSHPU, FSHPR.

SPAC DEALS ANNOUNCED
August 27 | Black Spade Acquisition III Co (BIII) + Astrum Space IncAstrum Space Inc develops a next-generation S2D broadcast network to provide wide-area data and content services in the Asia-Pacific region. It utilizes 25 MHz of contiguous L-band spectrum at 1467–1492 MHz and resources linked to the 105°E geostationary position. The company operates a wholesale business model, targeting mobile network operators, broadcasters, governments, and enterprise customers, offering its GEO platform as a broadcast layer that complements terrestrial mobile networks.

SPAC Executive & Director Moves — September 1, 2026

SPAC Executive & Director Moves
Company Ticker Moves
JATT III ACQUISITION CORP JTTT
  • On August 25, 2026, four individuals were appointed as independent directors to the board of the Company, with specific roles in various committees.  (view source)
Source: SEC EDGAR filings via Boardroom Alpha

SPAC Movers — September 1, 2026

YESTERDAY’S TOP SPAC GAINERS
Company Ticker Change Price Stage
TWELVE SEAS INVESTMENT CO III TWLV 0.8% $ 10.13 Pre-Deal
YHN ACQUISITION I LTD YHNA 0.7% $ 11.06 Announced
CANTOR EQUITY PARTNERS VI INC CEPS 0.6% $ 10.40 Pre-Deal
VELOS ACQUISITION I CORP VLOS 0.5% $ 10.78 Pre-Deal
AMPERCAP ACQUISITION CO APMC 0.4% $ 9.98 Pre-Deal
YESTERDAY’S TOP SPAC LOSERS
Company Ticker Change Price Stage
STONEBRIDGE ACQUISITION II CORP APAC -26.1% $ 10.24 Pre-Deal
GENERAL PURPOSE ACQUISITION CORP GPAC -13.0% $ 8.75 Pre-Deal
RESEARCH ALLIANCE CORP IV RACD -7.8% $ 12.00 Pre-Deal
RISING DRAGON ACQUISITION CORP RDAC -7.1% $ 4.79 Announced
FUTURE VISION II ACQUISITION CORP FVN -4.8% $ 10.81 Announced
Source: Boardroom Alpha market data

Frequently Asked Questions

  • What did Breeze Acquisition Corp II disclose in its non-reliance 8-K?
    Breeze Acquisition Corp II (BREZ) said investors should not rely on previously issued financials, according to its September 1, 2026 non-reliance 8-K.
  • How much SPAC IPO issuance priced in September 2026 through September 1?
    September MTD SPAC IPO issuance was 1 IPO for $100M through September 1, 2026.
  • What was the trust funding percentage for TLAC‘s IPO?
    Three Lions Acquisition Corp. (TLAC) priced a $100M IPO with 100.5% initial trust funding.
  • Which sectors does Three Lions Acquisition Corp. target?
    Three Lions Acquisition Corp. (TLAC) targets businesses in sports, hospitality, leisure and real estate.
  • Which SPAC held an extension vote on September 1, 2026?
    Alchemy Investments Acquisition Corp 1 (ALCYF) held an extension vote to move its deadline from September 9, 2026 to September 9, 2027.


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Published Sep 1, 2026

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